Millennial Money: 4 expenses for parents to rethink in 2023

Millennial Money: 4 expenses for parents to rethink in 2023

Jan 25, 2023 | News to Note

From the Associated Press/NerdWallet — By Elizabeth Ayoola —   When inflation rises, child care expenses do, too. If you’re a parent, you may be hoping to get a little financial relief during the upcoming tax season through deductions or credits. But since there...
IRS service issues are improving, says new watchdog report

IRS service issues are improving, says new watchdog report

Jan 18, 2023 | News to Note

From the Associated Press — By Fatima Hussein —    The IRS is beginning to see “a light at the end of the tunnel” of its customer service struggles, thanks to tens of billions of new money from the Democrats’ climate and health law and the authority to hire more...
IRS audit rates declined further in 2022

IRS audit rates declined further in 2022

Jan 11, 2023 | News to Note

From AccountingToday.com — By Michael Cohn —    The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly. The report, released Wednesday by Syracuse University’s...
3 things money experts are doing now, before tax season

3 things money experts are doing now, before tax season

Dec 28, 2022 | News to Note

From NextAdvisor in Partnership with TIME —  BY ALEX GAILEY, FEATURED CONTRIBUTOR —  That time of year is right around the corner. I’m not talking about the holidays. I’m talking about tax season. While taxes might be the furthest thing from your mind right now, there...